ARBYS DATA BREACH
Arby’s confirms data breach
Credit unions should be aware of a recently disclosed data breach at Arby’s fast-food restaurants affecting its corporate stores, which number more than 1,000 in the U.S.
Arby’s told KrebsOnSecurity, who reported the breach today, that the point-of-sale malware did not affect all corporate locations and has since been removed.
“The continuing saga of retail data breaches has become a national nightmare. Cybercriminals are on a binge to capture American consumers’ valuable personal and financial data at every opportunity,” said NAFCU President and CEO Dan Berger. “The lack of a national standard of protection for merchants makes it easier for them.”
Brian Krebs, author of KrebsOnSecurity, said he was alerted to the breach by bank and credit union representatives reaching out to him to ask if he knew about a data breach at the eatery. Arby’s confirmed the breach.
The Krebs post references a non-public alert issued by PSCU to its members that a breach at an unnamed retailer compromised more than 355,000 credit and debit cards. The breach, it says, is estimated to have occurred between Oct. 25, 2016, and Jan. 19. Arby’s has not confirmed the length of time the malware was capturing credit and debit card data.
Speaking with Krebs about the report, Berger said the number of cards that PSCU told member banks were likely exposed in this breach is roughly in line with the numbers released not long after news of the Wendy’s breach broke.
NAFCU continues to push for Congress to pass a strong national data security standard for retailers that would hold them to the same standards credit unions already follow under the Gramm-Leach-Bliley Act. Credit union representatives can reach out to their members of Congress and urge them to support such a measure through NAFCU’s Grassroots Action Center.
RECEIVE 10% OFF TAX PREPARATION
CREDIT UNION MEMBERS RECEIVE 10% OFF TAX PREPARATION FROM A TAX EXPERT AT:
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CALL (513)245-0300 or visit
Ronald W. Schaefer, CPA
Tax, Accounting and Financial Services
9600 Colerain Ave. Suite 204
Cincinnati, Ohio 45251
SAVE THE DATE for our 82ND ANNUAL MEETING
SAVE THE DATE!
The 82nd Annual Greater Cincinnati Credit Union Luncheon &
Meeting of the Members will be held on Saturday April 1, 2017.
Due to overwhelming attendance the last few years, we will once
again be returning to the JACK Casino Pavilion Ballroom.
*FREE SELF-PARKING GARAGE OFF READING ROAD
*VALET PARKING AVAILABLE WITH EXTRA CHARGE
LUNCHEON BEGINS 12P
BUSINESS MEETING FOLLOWS MEAL
$20 PER PERSON
DOZENS OF DOOR PRIZES.
RESERVATION DEADLINE MARCH 24, 2017!
CLICK HERE TO SUBMIT YOUR RESERVATION REQUEST.
SKIP A LOAN PAYMENT OR TWO
If your budget is under stress, don't forget...
The Credit Union allows you to skip up to
two auto or personal loan payments as well as VISA Credit Card
payments over a twelve month period!
Click here to apply for your payments to be skipped
OR CALL 559-1234 EXT. 1111 FOR MORE DETAILS.
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YOUNG ADULT PROGRAM
The Greater Cincinnati Credit Union is excited to announce our new "Young Adult Program" for members 18-25 years old.
Membership in the Young Adult Program requires the following:
* Regular Share Account ($5 minimum balance)
* Share Draft (Checking) Account (No minimum balance required)
* STAR/VISA Debit Card
* Enrollment in our TELLIE Online Banking with eStatement access.
* Current membership in good standing
* Must be between 18-25 years old.
Once enrolled, members enjoy:
* Monthly Share Draft Fee waived until 25th Birthday (savings of $48/annually)
* Monthly Debit Card Fee waived until 25th birthday (savings of $36/annually)
* FREE access to our TELLIE Online E-Banking Suite of products including our Mobile APP for Apple & Android devices.
Please stop by any of our five branch locations or call us at (513) 559-1234 for more information.
Membership Benefits of the Young Adult Program are subject to change without prior notice. If any requirement of this membership program is cancelled by you or the Credit Union, the account status will revert back to standard membership classification subject to normal monthly fees.